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Investors moved into haven currencies such as the Swiss franc and the Japanese yen as equities fell again. The U.S. dollar held modest gains, and sterling pared gains after the Bank of England meeting.
Risk-off flows into safe-haven currencies are a currency-market event with no direct effect on feed supply or demand. Any impact on grain prices would be indirect.
marketwatch.comAnneken Tappe,Sara SjolinFeb 8, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Haven flows amid renewed equity declines left the dollar with modest gains on Feb 8.
